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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.34B | $2.94B | $3.09B | $3.12B | $3.14B | $2.70B | $2.78B | $2.87B |
| Cost of revenue | $266.00M | $235.00M | $292.00M | $277.00M | $286.00M | $239.00M | $293.00M | $288.00M |
| Gross profit | $3.08B | $2.70B | $2.80B | $2.84B | $2.85B | $2.46B | $2.49B | $2.58B |
| Gross margin | 92.0% | 92.0% | 90.5% | 91.1% | 90.9% | 91.1% | 89.5% | 90.0% |
| Selling, general and administrative | $114.00M | $103.00M | $95.00M | $95.00M | $109.00M | $94.00M | $97.00M | $101.00M |
| Operating expenses | $2.22B | $2.02B | $2.19B | $2.07B | $2.07B | $1.92B | $2.00B | $1.95B |
| Operating income | $858.00M | $678.00M | $602.00M | $777.00M | $778.00M | $536.00M | $489.00M | $625.00M |
| Operating margin | 25.7% | 23.1% | 19.5% | 24.9% | 24.8% | 19.9% | 17.6% | 21.8% |
| EBITDA | $2.93B | $2.59B | $2.70B | $2.73B | $2.73B | $2.35B | $2.40B | $2.45B |
| Interest expense | −$183.00M | −$162.00M | −$165.00M | −$159.00M | −$151.00M | −$145.00M | −$157.00M | −$140.00M |
| Income before taxes | $680.00M | $518.00M | $429.00M | $604.00M | $629.00M | $410.00M | $336.00M | $491.00M |
| Income taxes | $198.00M | $135.00M | $131.00M | $183.00M | $187.00M | $110.00M | −$169.00M | $147.00M |
| Net income | $482.00M | $383.00M | $298.00M | $421.00M | $442.00M | $300.00M | $505.00M | $344.00M |
| Net margin | 14.4% | 13.0% | 9.7% | 13.5% | 14.1% | 11.1% | 18.1% | 12.0% |
| EPS, basic | $2.12 | $1.68 | $1.27 | $1.79 | $1.85 | $1.25 | $2.06 | $1.40 |
| EPS, diluted | $2.10 | $1.66 | $1.27 | $1.78 | $1.84 | $1.23 | $2.07 | $1.38 |
| Diluted shares | 229.00M | 232.00M | 233.00M | 237.00M | 239.00M | 243.00M | 244.00M | 249.00M |
Figures describe Hilton Worldwide shares, not any token. As of Jul 28, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.